Fight Media Inc. will develop a category B digital fantasy sports television service for a targeted launch in early summer 2013.

"We are thrilled to be adding our second channel as we continue with our plan to build a group of destination channels focusing on sports and lifestyle," said Leonard Asper, CEO of Fight Media Inc.

"The growth of fantasy sports has been remarkable over the last 25 years and we are promising to deliver a service unlike anything fantasy sports enthusiasts have ever seen," said Chad Midgley, VP of Programming & Production of the network's parent company Fight Media Inc. "We are ecstatic to be the first 24/7 sports television service dedicated to fantasy fanatics everywhere."

The fantasy sports industry, which refers to the development and management of self-created sports teams, is estimated to be worth $4 billion a year in North America with 32 million participants.

Fight Network (http://www.fightnetwork.com) is the world's premier 24/7 TV channel dedicated to complete coverage of combat sports, including fights, fighters, fight news and fight lifestyle. The channel is carried in Canada nationally on all major cable, satellite and telco systems in Canada and internationally via YouTube. Fight Network is available on multiple global platforms, including its website, YouTube page, mobile phone apps and radio program 'Live Audio Wrestling.'